Banks' living wills involve both recovery and resolution. Since it may not always be clear when recovery plans or … be constructed meeting criteria of (i) adequate loss absorption; (ii) distinguishing between weak and sound banks; (iii …

also the cyclical impact of global liquidity, with sensitivities of flows to banks decreasing with stronger macroeconomic …This paper provides a definition of global liquidity consistent with its meaning as the “ease of financing” in … Area – are also important, sometimes even more so, consistent with the dominant role of European banks in cross …

We formulate the “High Liquidity Creation Hypothesis” (HLCH) that a proliferation in the core activity of bank … liquidity creation increases failure probability. We test the HLCH in the context of Russian banking, which provides a natural … field experiment due to numerous failures experienced over the past decade. Using Berger and Bouwman's (2009) liquidity …

A mechanism is proposed that aims to reduce the risk of a banking sector liquidity crisis — which is a quintessentially … instrument would give banks more incentive to build up buffers of systemically liquid assets as a proportion of their total …

banks was sizable. We show that the shadow banking system was at least 50 percent bigger than documented so far. We also …, supervisors of large banks that report on a global consolidated basis may need to enhance their understanding of the off …-balance sheet funding that these banks receive via rehypothecation from other jurisdictions …

decades leads trading in banks to become increasingly risky, so that problems in managing and regulating trading in banks will …

been a significant decline in the interconnectedness in the pledged collateral market between banks and non-banks. We find …

States. Long-term cost estimates are provided for Basel III capital and liquidity requirements, derivatives reforms, and …